Tag: American libertarians
Forty-nine states now mandate seat belt use and motor vehicle fatalities have decreased. But there is more to the story. As more drivers used seat belts, fatalities for pedestrians and cyclists increased. Why? As seat belt use rose, driving became safer. As driving became safer, the cost to drivers of being inattentive fell. And as the cost of being inattentive fell, drivers could afford to exercise less care. So as safety regulations make drivers safer, pedestrians and cyclists face greater risk. —Antony Davies, James R. Harrigan
In Hanoi during the French colonial period there was a problem with too many rats. The French authorities offered a bounty for every rat killed but required only that people bring the rats’ tails as evidence. Hanoi was soon overrun by tailless rats. The people were simply catching the rats, cutting off their tails, and releasing them. Why? So those rats could procreate, creating more rats and more bounties. In the end, Hanoi had more rats after the bounty than before. Sometimes there are perverse outcomes and unintended consequences of a government policy. —Antony Davies, James R. Harrigan
To address its cash crunch, the Venezuelan government printed money, which gave birth to rampant inflation. Depending on whom you ask, Venezuela’s annual inflation rate exceeded something between 60,000 percent and 200,000 percent in 2019. To put that in perspective, a product that cost one dollar in January 2019 would cost between $600 and $2,000 by the end of 2019. —Antony Davies, James R. Harrigan
In Nicaragua where sign language didn’t exist, in 1981, a new school for the deaf opened. Fifty deaf students enrolled during the school’s first year, and a curious thing happened: they developed their own version of sign language. No one taught them this; they simply began assigning signs and gestures to the things in their environment, and slowly a language emerged, complete with verb tenses and the like, to rival any other language. Spontaneous orders are systems that develop organically. They aren’t designed by a coercive authority. They emerge through countless human interactions undertaken over time. —Antony Davies, James R. Harrigan
Cancer patients often die waiting for new drugs to be approved by the FDA? Abigail Burroughs had squamous cell carcinoma, diagnosed when she was only 19 years old. She tried unsuccessfully to get FDA permission to try a new drug (Erbitux) that had shown success against her type of cancer. The FDA refused, and Abigail died at age 21. Abigail’s father formed the Abigail Alliance and sued the FDA. However, the courts ruled that Americans do not have the constitutional right to save their lives with drugs not approved by the FDA. —Mary Ruwart
Public schools consume twice as many dollars in operating costs as do private ones. Increasing the public school budgets does not improve learning and may even have a negative effect. During an international competition, U.S. eighth graders were asked, “What is the average age of these chidren? 13, 8, 6, 4, 4.” The correct answer, 7, was one of the multiple choice answers, yet an embarrassing 60% of the U.S. students missed it. —Mary Ruwart
The intelligencia in the media can decide what to emphasize, what to downplay and what to ignore entirely when it comes to race. These may be individual choices, rather than a conspiracy, but individual choices growing out of a common vision of the world can produce results all too similar to what is produced by centralized censorship or propaganda. —Thomas Sowell
The FDA limits the information that drug companies can share with doctors and consumers. As many as 100,000 Americans died needlessly from heart disease each year that aspirin makers couldn’t advertise aspirin’s role in its prevention. —Dr. Mary J. Ruwart, Healing Our World
We pay 5 times as much for drugs than we should. Because the FDA is blamed when drugs affect some people adversely, the agency drags out the approval process. Drug development time and cost has increased greatly since the early 1960s without any improvement in either efficacy or safety. The true cost, however, is measured in lives, as tens of thousands of people die waiting for the FDA to approve breakthrough drugs. —Dr. Mary J. Ruwart, Healing Our World